Skip to main content
Filing year 2023

CFA INSTITUTE

Charlottesville, Virginia·EIN 54-1386480·6
Total revenue
$462.9M
Total assets
$912.9M
Total expenses
$298.4M
Reported officers
30
Mission

SEE STATEMENT O

Executive compensation, broken down

Form 990 · Schedule J · 19 reported individuals · Filing year 2023

Pres & CEO & Resrch Fdn Bd Mem
$1.5M
$1.6M
Base
$703k
Bonus
$694k
Other
$16k
Benefits
$3k
Managing Director
former officer/director/trustee
$739k
$807k
Base
$289k
Bonus
$132k
Other
$263k
Benefits
$9k
Managing Director
key employee
$652k
$712k
Base
$342k
Bonus
$241k
Other
$20k
Benefits
$9k
Chief Financial Officer
$650k
$710k
Base
$339k
Bonus
$241k
Other
$3k
Benefits
$27k
Managing Director
key employee
$634k
$693k
Base
$353k
Bonus
$219k
Other
$5k
Benefits
$18k
Managing Director
key employee
$605k
$660k
Base
$353k
Bonus
$184k
Other
$11k
Benefits
$18k
Managing Director
key employee
$604k
$660k
Base
$312k
Bonus
$222k
Other
$4k
Benefits
$27k
Senior Head Adv
former officer/director/trustee
$575k
$628k
Base
$165k
Bonus
$111k
Other
$281k
Benefits
Managing Director
key employee
$564k
$616k
Base
$334k
Bonus
$192k
Other
$35k
Benefits
$3k
Managing Director
highest compensated employee
$561k
$613k
Base
$163k
Bonus
$171k
Other
$182k
Benefits
$5k
Managing Director
key employee
$539k
$588k
Base
$303k
Bonus
$175k
Other
$3k
Benefits
$18k
Chief Technology Officer
highest compensated employee
$471k
$515k
Base
$301k
Bonus
$100k
Other
$12k
Benefits
$19k
Senior Head, Fin. Rpt Policy
highest compensated employee
$461k
$504k
Base
$304k
Bonus
$93k
Other
$5k
Benefits
$19k
Senior Head, Strategy & Plan.
highest compensated employee
$457k
$499k
Base
$291k
Bonus
$99k
Other
$3k
Benefits
$24k
Senior Head, Codes and Stand.
former officer/director/trustee
$454k
$496k
Base
$302k
Bonus
$96k
Other
$9k
Benefits
$8k
Chief of Staff
highest compensated employee
$437k
$477k
Base
$277k
Bonus
$96k
Other
$7k
Benefits
$18k
Corporate Secretary
secretary (operational)
$279k
$305k
Base
$177k
Bonus
$46k
Other
$3k
Benefits
$25k
Board Member
board member
$8k
$9k
Board Member
board member
$8k
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Up 12%
from 2022

From $1.3M in 2022 to $1.5M in 2023.

$1.3M
2022
$1.5M
2023
In today's dollarsEst.
Up 7% in real terms$1.5M to $1.6M

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

CFA INSTITUTE reported revenue and expenses across 2 filing years.

RevenueExpenses
$360.3M
$272M
2022
$462.9M
$298.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.